New Delhi, Dec. 6 -- Goods and Services Tax (GST) collection reversed a two-month contraction to cross the '1 trillion mark in November, in a partial relief for policymakers fighting to boost consumption and liquidity in a slowing economy.
Festival demand and anti-evasion measures such as restricting the use of tax credits where the seller has not uploaded the invoice has contributed to improved tax collections, experts said.
"With implementation of anti-evasion measures like investigation on identified discrepancies through analytics and the recently implemented restriction on availment of unmatched credits, there was a general expectation of collections witnessing an increase. Festive season and related spur in demand as well could be o...